Saturday, 4 July 2015
Last updated 1 day ago
Feb 10 2006 | 9:56pm ET
Coming off a year of so-so returns, hedge funds got off to a good start in January, with the preliminary results of the Greenwich-Van Global Hedge Fund Index and the Hennessee Hedge Fund Index both showing gains of 3.5% for the month, compared with the Standard & Poors 500, which returned 2.65%. Meanwhile, the Dow Jones Industrial Average was up 1.38% and the NASDAQ Composite Index rose 4.56%.
According to the Greenwich-Van index, emerging market managers continued to lead the way with estimated returns of 7.1% and aggressive long/short managers came in second, up 5.3%. Short sellers were the worst performers, down an estimated 4.7%.
The Greenwich-Van index compiled information from 426 funds and calculated hedge fund performance net of fees. Final January results will come out at the end of February and will include a larger number of funds.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…